Africa’s Startup Scene Taking Steps Towards Gender Diversity, Report Shows
- Only 17.3% of African tech startups have at least one female co-founder.
- 11.1% of African tech startups have a female CEO.
- The percentage of funding raised by ventures with at least one female co-founder increased to 16.6% in 2023.
While there has been progress in gender diversity within the African tech startup ecosystem, the numbers still indicate a significant gender imbalance. The increase in funding for ventures with female co-founders is a positive development, but more needs to be done to achieve gender parity and ensure the sector's success.
